Profil:
RAIFFEISEN BANK POLSKA SARaiffeisen Bank Polska nets PLN 75.6 mln in FY 2017
Raiffeisen Bank Polska netted PLN 75.6 mln in FY 2017, up by PLN 60.9 mln from 2016, the bank said in a press statement.
Net interest income increased 8.4% y/y to PLN 1.1 bln. F&C income was virtually stable y/y at PLN 586.7 mln.
G&A costs declined to PLN 1.04 bln from PLN 1.12 bln a year earlier. Net provisioning surged to PLN 301.8 mln from PLN 176.2 mln.
The group assets shrank by 8.0% y/y to PLN 48.97 bln by end-2017.
After 9 months of 2017, Raiffeisen BP had sported PLN 26.6 mln net profit, down by 76% y/y.
mie/ mbn/